Tag: RFG

Shares in Retail Food Group, operator of a number of food franchises in shopping malls and other locations around the country, fell nearly 8% on Tuesday after the competition regulator, the ACCC launched long-awaited legal action against the group.

A last throw by embattled Retail Food Group (RFG) – it wants to raise a total of $160 million mostly through a huge expansion in the number of shares on issue that will, in turn, dilute existing shareholders if they do not participate.

Retail Food Group shares fell yesterday after the company attempted to defend how it disclosed a $160 million recapitalisation proposal from a Hong Kong backed investment group.

Regulators are looking into trading in the shares of broken fast food franchisor, Retail Food Group following a day of almost high farce.

Shares in Retail Food Group (RFG), the stricken listed franchising group lost more value yesterday after it emerged as the prime target in the final report of a lengthy Federal parliamentary inquiry into franchising.

A cleanout on the board of besieged fast-food franchisor Retail Food Group as its chairman resigned and the company found two new directors.

It’s a common story. A new CEO at a troubled company, so suddenly there a bit of ‘reality’ about the finances and performance – and hey presto – red ink or more of it.

Shares in troubled franchisor Retail Food Group were hit for the second day in a row after it was revealed the company had a secret deal with a former staff member to manage stores.

As was to be expected investors had their revenge on Retail Food Group (RFG) shares yesterday.

Trading in the shares of embattled fast food group, Retail Food Group (RFG) resumes today after the company’s four day trading halt and suspension last week that ended up in a welter of losses and bad news being delivered on Friday, including the suspension of the interim dividend.

Today could be D-Day for embattled fast food franchisor, Retail Food Group (RFG) and its collection of chains that include Crust Pizza, Michele’s, Brumby’s bakeries, Gloria Jean’s and Donut King.

When it comes the half year report from embattled fast food franchisor, Retail Food Group, is likely to be bad, very bad for shareholders with big losses, no dividend and before that a possible suspension by the ASX today after the company missed the February 28 cut-off date for December 31 reporting companies.

Are dividends off the menu at Retail Food Group after yet another downgrade?

Retail Food Group’s (RFG) shares were monstered yesterday after two days of adverse media reports (in Fairfax Media papers and websites) eroded investor confidence in the country’s biggest listed franchise operation.

Investors yesterday withheld judgement on the 2016-17 profit from the coffee, bakery and pizza franchise owner The Retail Food Group (RFG).

The Retail Food Group (RFG) slid 10% to $4.56 yesterday after it sprung a surprise downgrade on the market and got punished as a result.

Retail Food Group (RFG), which owns a diverse range of food groups include bakery chain Brumby’s, Gloria Jean’s coffee, Donut King and Crust Pizza has taken issue with an analyst’s report that saw an 11% slide in the value of the company on Monday, calling its analysis “premature, precipitous and… an exercise in speculative guesswork”.

Global carbs and sugar king, Retail Food Group (RFG) has showered a plate full of goodies on shareholders, lifting full year profit, final dividend and revealing yet another acquisition to bolt on to its already vast group of food brands and snacks.

In these increasing sceptical days among stockmarket investors, it’s no wonder shares on Retail Food Group (RFG), the country’s pre-eminent carbs and coffee kings, surged 10% yesterday.

Retail Food Group (RFG), the rapidly expanding coffee and carbs group based on the Gold Coast, has taken a writedown of more than $18 million, and reaffirmed previous earnings guidance as it revealed an organisational shake up yesterday.

A pot of gold that lies in successfully selling carbs and coffee to more and more Australians has been the speciality of Retail Food Group (RFG) now for some years as it has put together the largest listed cafe and bakery based retailing group in the country.

The aggressive Retail Food Group (RFG) continues to expand deeper into our cafe and coffee culture, this time buying control of Brisbane-based Di Bella coffee, a month after it grabbed control of Gloria Jean’s here and around the world.

Cafes and coffee, not to mention bread, pizzas and muffins, and the odd donuts are obviously hot so far as investors are concerned.

The retail slowdown and the flooding has hit the first half profit expectations of Retail Food Group (RFG), the country’s leading coffee and pastry foods chain, and could have a bigger impact on the second half.